Preston house prices

Preston house prices are built from 151,747 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 26 Jun 2026. The median price paid across the whole record is £125,000. Across the 10 years from 2016 to 2026 the median moved +31.3% in cash — but once inflation is taken out, the change in 2026 money is -6.0%.

HM Land Registry151,747 sales7,654 with floor areaLatest sale 26 Jun 2026

The chart tracks the median Preston house price for every year with a recorded sale, from 1995 to 2026. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.

The highest yearly median on record for Preston is £220,000 in 2024; the lowest is £49,500 in 1995. Across the full 32-year record the cash median has moved from £49,500 to £210,000.

In 2026 money that first median is worth £109,913, so the real change over the whole record is +91.1% — about +2.11% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.

Over the last decade alone the difference is stark: +31.3% in cash against -6.0% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.

Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.

These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Preston values — no mix of property types can flatter the number.

The mix of property types explains a large part of any area's median. Preston is dominated by the type at the top of this table, so its overall median leans that way.

Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 36,138 certificates cover Preston, and their median floor area is 80 m².

The median across the whole register is 76 m², so homes here are larger than average — +5.3%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.

23,788 of the sales on record are leasehold and 127,959 freehold — 15.7% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.

The median leasehold sale is £103,000 and the median freehold sale £130,000 — a gap of +26.2%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.

New builds sold for more than the median existing home — +54.2%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.

A further 12,071 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.

Every certificate carries an energy efficiency band as well as a floor area. Across Preston, 48.0% of 80,620 certificates sit in bands A to C, and 4.0% in F or G — the bands that cost the most to heat and are hardest to mortgage.

The Office for National Statistics puts the mean private rent in Preston at £786 a month as of Jun 2026 — £575 for a one-bedroom home and £853 for three bedrooms.

Against the median sale of £125,000 here, that rent is a gross yield of 7.55% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.

Police forces publish every recorded street-level crime. Within a mile of the centre of PR2, 337 crimes were recorded in Jun 2026: 128 violent, 4 burglary, 12 vehicle-related and 64 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 2.0 times busier.

Against the 147,835 residents the 2021 census counted in Preston, that is 2.28 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.

A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.

The 2021 census counted 147,835 residents in Preston across 59,607 households. 59.1% of those households own their home and 40.8% rent — a split the sold record cannot show, because only owners appear in it.

32 state and independent schools have a PR2 postcode: 26 primary, 5 secondary, 1 16 plus. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.

The median across the whole archive is £157,500. Preston sits below that national figure — -20.6%.

Where an EPC floor area could be matched to the sale, the median works out at £1,250 per square metre, across 7,654 of the 151,747 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.

The full range on record runs from £855 to £3,500,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.

Preston sits in Preston, in the North West.

The Office for National Statistics puts the median home in Preston at 5.0 times median local earnings of £38,066 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.

Streets in Preston

• Garstang Road1,165 sales
• Station Road933 sales
• Blackpool Road838 sales
• New Hall Lane744 sales
• Leyland Road653 sales
• Lytham Road634 sales
• Liverpool Road631 sales
• Preston Road484 sales
• Watling Street Road481 sales
• Liverpool Old Road433 sales
• School Lane405 sales
• Chapel Lane394 sales
• Whittingham Lane385 sales
• Holland House Road384 sales
• Victoria Road375 sales
• Moss Lane373 sales
• Avenham Lane337 sales
• Shelley Road335 sales
• Mountbatten Close319 sales
• Lancaster Road303 sales
• Hesketh Lane302 sales
• Plungington Road296 sales
• Sharoe Green Lane292 sales
• Princes Reach289 sales
• St Georges Road289 sales
• Teil Green284 sales
• Higher Walton Road282 sales
• Inkerman Street272 sales
• Brownedge Road270 sales
• Cop Lane267 sales
• Royal Drive266 sales
• Woodplumpton Road266 sales
• Church Road265 sales
• Brindle Road262 sales
• Norris Street259 sales
• Hampshire Road258 sales
• Mersey Street257 sales
• Black Bull Lane255 sales
• Cloughfield247 sales
• Skeffington Road244 sales
• Derby Road242 sales
• Samuel Street242 sales
• Stocks Road239 sales
• De Lacy Street238 sales
• Marsh Way236 sales
• Grange Avenue234 sales
• Gregson Lane233 sales
• Ashton Bank Way230 sales
• Hoghton Lane230 sales
• Navigation Way229 sales
• Dorchester Road226 sales
• Queensway226 sales
• The Green220 sales
• Windsor Road220 sales
• Savick Way219 sales
• Beamont Drive218 sales
• Tag Lane217 sales
• Hoyles Lane215 sales
• St Stephens Road215 sales
• Fir Trees Avenue212 sales

Postcode districts covering Preston

• PR2£112,000 median
• PR4£165,000 median
• PR1£87,000 median
• PR5£119,000 median
• PR3£185,000 median

What is the average house price in Preston?

The median price paid in Preston across every sale on the register is £125,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.

How many homes have sold in Preston?

151,747 sales are on record for Preston, the most recent completing on 26 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.

Have Preston house prices actually risen?

In cash, the median rose +31.3% between 2016 and 2026. In 2026 money — that is, after inflation — the change is -6.0%. Both numbers are true; only the second one tells you whether buying here preserved value.

When were Preston house prices at their highest?

The highest yearly median on record is £220,000, set in 2024. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.

What is the price per square metre in Preston?

£1,250 per square metre, from the 7,654 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.

How current is this data?

The latest sale shown here completed on 26 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.

Cite this page: Sold Price History, “Preston house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.